IntrinsicIntrinsic

Earnings ·

TSMC reports Q3 EPS of NT$29.43 on revenue growth of 50.9% to NT$1.49 trillion

TSMTaiwan Semiconductor Manufacturing Co Ltd

Taiwan Semiconductor Manufacturing Company reported third-quarter consolidated revenue of NT$1,494.24 billion ($46.72 billion), a 50.9% increase year-over-year and a 17.6% rise from the second quarter. Net income reached NT$763.06 billion, with diluted earnings per share rising 68.7% to NT$29.43 ($4.60). Gross margin stood at 66.4%, while advanced technologies accounted for 79% of total wafer revenue. Management expects fourth-quarter revenue between US$52.3 billion and US$54.3 billion, supported by strong demand for leading-edge process technologies including the ramp-up of 2-nanometer production. TSMC is a global leader in semiconductor foundry services.

More from Taiwan Semiconductor Manufacturing Co Ltd

Explore TSM